Berlin-based portable vertical farm startup InFarm on Tuesday disclosed a vast Series B raise of $100 million, bringing its total funding to over $134 million. The raise dramatically eclipsed the big vertical farming news from Britain’s Ocado, which had forked out $22m just a day before as part of a majority stake buyout of JFC, as well as for its new joint venture Infinite Acres.
Nanobubbles -- yes, that's teeny tiny bubbles, can boost indoor farming and aquaculture yields, can be used in water treatment, preventing dangerous algal blooms and can aid waste and filtration systems as well as other industries like mining.
Now entering its 7th year, Indoor Ag-Con is a magnet for indoor ag industry leaders and decision-makers. It unites growers, investors, chefs, tech geeks, produce buyers, academics, policymakers, industry suppliers and advocates in lively discussions of the industry’s promise, issues and future across formal conference proceedings, practical mini workshops, exhibits, lunch table discussions, and unconferencing sessions.
Indoor Ag-Con is the premier event covering the technology of growing crops in indoor systems, using hydroponic, aeroponic and aquaponic techniques. The 7th Annual edition heads to a new location at the Red Rock Resort in Las Vegas with 40+ industry leading speakers, innovative exhibitors and a wide range of networking events.
PIP, a $15 million public-private partnership of leading agtech startups, agribusinesses, and biotech companies will research the potential for indoor farms to grow crops with improved nutrition, taste and other characteristics hard to achieve outdoors.
The cost of farming indoors has always been a big question mark around the impactfulness of this farming method on the overall food system; if it's too expensive, it won't be scalable. But Peter Tasgal's research argues that vertical and greenhouse farms are getting competitive with their outdoor peers.
Growing in retrofit shipping containers has received significant buzz over the past five to 10 years as produce is grown hyper-locally on a small footprint. But how viable is this form of growing in the long term?
The new facility will be automated from seeding to growing to harvesting featuring handling robotics, artificial intelligence, data analytics, and around-the-clock monitoring sensors and control systems to optimize every aspect of growing produce indoors.